BHP Group said its annual profit nearly tripled as it benefited from the sale of its petroleum business and strong commodity prices
ADELAIDE, Australia—BHP Group Ltd. said its annual profit nearly tripled as it benefited from the sale of its petroleum business and strong commodity prices, but it signaled an uncertain outlook as rising interest rates take their toll on developed economies.
BHP, the world’s biggest miner by market value, on Tuesday reported a net profit of $30.90 billion for its fiscal year through June, up from a profit of $11.30 billion in the same period a year earlier. The result included an exceptional gain of $7.1 billion, largely because of the merger of its petroleum business with Woodside Energy Group Ltd.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Hot Stars Blast Away at gas Giants Until Only Their Rocky Cores RemainWe don't see many Neptune-sized worlds closely orbiting their star. That may be because the star robs them of their atmospheres.
Consulte Mais informação »
Peloton announces nearly 800 layoffs, price hikes for memberships and fitness equipmentPeloton announced it would be reducing its workforce and increasing prices as part of a new cost-cutting strategy for the at-home fitness brand.
Consulte Mais informação »
Peloton announces nearly 800 layoffs, price hikes for memberships and fitness equipmentPeloton announced it would be reducing its workforce and increasing prices as part of a new cost-cutting strategy for the at-home fitness brand.
Consulte Mais informação »
New climate deal spurs hopes of more carbon storage projectsA project in the country's top coal-producing area seeks to pump the carbon dioxide produced by burning that coal back underground.
Consulte Mais informação »
Two music legends die, Serena Williams plans her future and the NBA will honor an icon | Hot off the Wire podcastGet the latest news on Hot off the Wire, our daily news podcast.
Consulte Mais informação »
China announces new drills as U.S. delegation visits Taiwan; Anne Heche dies after life support removed | Hot off the Wire podcastGet the latest news on Hot off the Wire, our daily news podcast.
Consulte Mais informação »